🚨🚨 U.S. Spot Bitcoin ETFs See $298M Net Inflows, Ethereum ETFs Add $30.85M
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net inflows of $298 million on August 17 (ET). Over the same period, U.S. spot Ethereum ETFs saw total net inflows of $30.85 million.
The stock is testing the $150 area, which has acted as an important level since its debut. A clean breakout and hold above it could open the door toward $170 next. Recent price action has already shown strong momentum off the lows. Investor's Business Daily
I wouldn't call $170 automatic, though. I want to see $150 turn into support rather than just a quick wick above it.
For me, the setup is simple:
Break and hold $150 → $170 becomes the next level I'm watching.
If it gets rejected again, I'd rather wait than force the trade.
Bitcoin’s supply in profit has fallen to 51.4%, its lowest level in three years, meaning 48.6% of BTC is currently held at a loss.
According to CryptoQuant, profit levels below 55% have historically been associated with periods of capitulation and reaccumulation. A similar setup occurred in early 2023, when Bitcoin traded around $16,000–$20,000.
However, analysts caution against trying to call the exact bottom. Accumulation phases can last much longer than expected before a sustained recovery begins.
🔹️✨️🔹️ $BTC has successfully reclaimed the pivotal $65,000 level, signaling a resurgence of bullish momentum.
This decisive move above a key technical threshold triggered significant volatility in the derivatives market, resulting in the liquidation of $263 million in leveraged positions over the past 24 hours.
As Bitcoin stabilizes above this zone, traders will be watching closely to see if this level can hold as a new foundation for the next leg up.
🚨✨️💫 XRP whales are growing while the price keeps falling
While retail sentiment stays weak - large XRP wallets are quietly increasing. XRP is down more than 70% from its 2025 high, while BTC still drives the broader market mood, and yet million-XRP wallets just climbed again.
The number of wallets holding at least 1M XRP rose from about 2,006 to 2,038 in three months. At roughly $1 per XRP, that means more addresses are now sitting on $1M+ balances.
And it’s not just wallet growth. XRP Ledger activity also jumped, with more than 2.8M transactions processed on August 5 - around 86% higher than the previous week.
Price is falling, but large balances and network activity are still growing. That doesn’t guarantee whales are buying - custody changes and internal transfers can also create new wallets.
So is XRP quietly being accumulated near $1, or are the rich-list numbers telling a much less bullish story?
primarily see the stock in a downward move, with the low expected within the blue Long-Term Entry Range ($31.00-$22.15). Once the correction low is set in this area, a sustained upward move is likely to follow.
Alternative Scenario
Alternatively, it's possible the price has already established its correction low, and a move above resistance at $56.99 and $68.49 could happen soon (probability: 32%).
Long-Term Outlook
On the daily chart, after the ongoing correction wraps up within our blue Long-Term Entry Range ($31.00-$22.15), we expect a sustained upward phase. This should gradually push the stock to new highs above resistance at $179.10.
✨️💫 Sandisk Corporation (NASDAQ: SNDK) is a global leader in NAND flash memory and data-storage technology, with exposure to consumer devices, enterprise infrastructure and the rapidly expanding data-center market.
From a fundamental perspective, SNDK is benefiting from strong demand for high-performance storage, particularly from Al and data-center infrastructure. In fiscal Q3 2026, Sandisk reported $5.95B in revenue, up 97% quarter-over-quarter, while Datacenter revenue increased 233% QoQ. The company also highlighted a zero-debt balance sheet, strong cash generation and a shift toward higher-value, multi-year customer relationships.
Technical Outlook
SNDK remains an interesting chart to monitor as price develops around important technical zones.
The current structure suggests that the next directional move could depend heavily on how price reacts around the highlighted support, resistance and trend levels shown on the chart.
A confirmed breakout above the main resistance structure could strengthen bullish momentum and open the way toward the next technical targets.
On the other hand, rejection from resistance or a breakdown below key support would weaken the current structure and could trigger a deeper corrective move.
Rather than anticipating the breakout, am watching for confirmation through price action, momentum and market structure.
What I'm Watching
• Reaction at the major resistance zone
• Ability of buyers to defend key support
Breakout confirmation versus rejection
Volume and momentum during any breakout attempt
Higher highs and higher lows for bullish continuation
Loss of structure as an early warning of weakness
With Al infrastructure driving increasing demand for high-performance storage, SNDK combines an interesting fundamental backdrop with a technical structure worth monitoring closely.
Bitcoin ETFs recorded net outflows of 917 BTC, worth roughly $57.6M. The report says funds including those managed by BlackRock and Fidelity contributed to the selling. BTC was trading near $62,980 at the time.
• Chainlink: ETF flows moved in the opposite direction. Funds reportedly acquired 163,280 LINK, worth about $1.47M, pointing to fresh institutional interest in Chainlink.
The contrast is what makes this interesting: capital is leaving Bitcoin ETFs at the same time LINK products are seeing inflows.
It's still a huge difference in absolute scale, but the rotation is worth tracking -especially if LINK inflows continue while BTC ETF positioning remains cautious.
🚨✨️ OIS is trading in a major uptrend, and the recent decline from 14.50 appears to be a medium-term correction, as the stock rebounded after testing 61.80% Fibonacci retracement
The stock is currently testing the 9.00 short-term resistance level, and a breakout above this level would confirm the end of the correction, targeting 10.00 - 10.90, then 11.75 in the short term
A breakout above 11.75 would support further rises near 13.00 - 14.50, where the major peak lies. A decisive breakout above 14.50 would confirm the continuation of the major uptrend in the medium and long-term, targeting 16.40, 17.50 then 19.00
This analysis is for informational purposes only and does not constitute financial, investment, or commercial advice or recommendations.
✨️✨️ KAITO game is clearly being played by insiders. Price is back to where it was at the beginning of the year,
Current level: $0.35. Now all that’s left is to wait for the August 20 unlock worth ~$12M (although I doubt it hasn’t been hedged already).
Funny how this entire round trip was driven by announcements of announcements. So far, nothing concrete has actually been announced, apart from some vague partnership with X with zero details.
If you’re buying KAITO here, probably not the worst idea to park it in Pendle LP at ~75% APY
US JULY PPI LOWER THAN EXPECTED: 0% MONTH-OVER-MONTH, 4.7% YEAR-OVER-YEAR 📊🇺🇸
Headline PPI: Rose 0% month-over-month (vs +0.2% expected), up 4.7% year-over-year (vs 4.9% forecast).
Core PPI: Increased 0.2% month-over-month (vs 0.3% expected), up 4.2% year-over-year (in line with forecast).
Jobless Claims: Initial claims for the week ending August 8 rose to 209,000, higher than the 202,000 expected and the highest since mid-July.
PPI data came in softer than expected, indicating cooling producer price pressures, while jobless claims were slightly weaker than forecast.
Subdued producer inflation data coupled with rising initial jobless claims point to further economic cooling, reinforcing market expectations that the Federal Reserve will pivot toward monetary policy easing